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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

Green Car Congress

In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. Electric grids require balance in order to function properly. Energy storage on the grid is reaching a turning point. Earlier post.).

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Odyne Systems delivers 7 plug-in hybrid work trucks through the Wisconsin Clean Transportation Program

Green Car Congress

Odyne’s hybrid technology combines electric power conversion, power control and energy storage technology with Remy electric propulsion motors, modular Johnson Controls lithium-ion battery systems and other automotive-quality components. The trucks are used for construction and maintenance of the Marshfield utility grid.

Wisconsin 199
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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

Green Car Congress

Closer to home, the federal fuel economy standards require the average fleet fuel economy of OEMs that sell vehicles in the USA to be 35.5 The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated.

Renewable 220
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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

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Today around the world, new renewable power plants are being built that will generate electricity for less cost than fossil-fuel power plants. IRENA’s macroeconomic analysis suggests that such investment creates a stimulus that, together with other pro-growth policies, will: boost global GDP by 0.8% per year on average, or 0.6

Renewable 199
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World Economic Forum Report: US$515 Billion Per Year Needed in Green Investments

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In light of the global financial crisis, it is crucial that every dollar is made to ‘multi-task’ to create a sustainable low-carbon economy. ”. Four key enablers for a shift to clean energy will be energy efficiency, smart grids, energy storage, and carbon capture and storage. billion) in 2004.

Green 150
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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ACORE is an organization of member companies and institutions that are dedicated to moving renewable energy into the mainstream of America’s economy. As another panelist pointed out, “ The New York Times is well-equipped to write the article about how Stimulus Funds have been wasted ”. Billion vs. $28.3 Billion in 2008). Neil Auerbach.

Financing 150
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Will Obama’s billions jumpstart the electric car? The Green Piece

Green Cars News

If you listen to US President Barack Obama it has been a long time coming – his decision to pour $2.4billion of stimulus money to make America a global leader in electric and hybrid car development comes as the country plays catch up to the likes of Japan and even China in the green car race (see article ). “I Who will benefit? Our verdict.

Green 51